Sumit Sirsikar Appointed as VP and Head - Marketing

(Attn.editors: The following press release comes to you under an arrangement with PRNewswire. PTI takes no editorial responsibility for the same). Sumit Sirsikar Appointed as VP and Head - Marketing at Innoviti Payment Solutions Pvt. Ltd.

BENGALURU, June 7, 2016/PRNewswire/ -- Move Designed to Catalyse Adoption of our Products in the Market While Creating a Greater Brand Equity for Innoviti - Sumit, an alumnus of IIM Calcutta and IIT Bombay brings in 20+ years of multi-industry experience in brand, product and P&L management across India and APAC regions. - This appointment reaffirms Innovitis goal of building a world-class payments company by bringing in experienced talent from marketing driven industries. It will help enhance customer insights and strengthen marketing processes as important levers in driving the companys expansion strategy. - Innoviti is a leading player in the payment automation and credit distribution space,currently processing over Rs. 10,000 Cr. (US$ 1.5bn) of payment transactions including Rs. 1,000 Cr. (US$ 150mn) credit to consumers and MSMEs. The MSME platform (smelending.com) is Indias largest SME credit distribution platform.

An IIM Calcutta and IIT Bombay alumnus, Sirsikar brings rich product and brand management experience from FMCG and financial services industries across India and APAC regions. His previous roles include a long stint as Head - Marketing at